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fit and she stays active. >> just part of a taxpayer funded ad campaign from the u.s. department of agriculture encouraging seniors to get on food stamps because they will make you look better. we have more news on the food stamp front that will make you angry and that's later in the show. with the tax and fiscal cliff looming 21 days from now, is there a reason for even some slight optimism this evening? joining us now in studio, we welcome distinguished house members carolina maloney of new york and larry kudlow's house member in manhattan. and the republican from arizona. as always, welcome to both of you. dave, let me ask you this. i'm hearing a lot of this that there is a strategic retreat by the republican party. 57b and that they are not either in the house or senate going to block the middle class stax tax cuts which proliferate in terms of the bill. is that true, sir? >> i haven't been invited into the strategic retreat caucus. look. i hear more on the news than i ever actually come across in reality in d.c. so far, i do not see a willingness, particularly on the conserv
. the only place you have it is overseas. europe looks stable compared to the u.s. right now what does that say about our dysfunctional system? it says our dysfunction is our competitor's advantage in this market and that is sad. >> amen to larry. that was well said. i don't think i can add anything. >> for the average investor watching right now, any advice? >> no. i think that what's going to happen is there will be refl reflexive knee-jerk reaction higher if one of those two things i said happen. the market was up quite a bit since mid-november. the small-cap his been up 9.5% until the sell-off and they'd given a lot of that back, but there was a lot of good feelings priced in, and to me it's not that awful for us to take some of that off. i think the next month will be choppy and whipsaw, but 2013, there are a lot of good things going, housing market, china, japan. i would buy some things. >> guys, got to cut you off. larry, you'll get more time next time, promise. see you later, jim. >>> we're all over the fiscal fiasco. tune in to cnbc this sunday night. yep, we're working the we
. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> w
growing criticism over the last several weeks because of the way that she portrayed the u.s. consulate in benghazi. she blamed an angry mob, not a terrorist attack by al qaeda. rice has said that she was working off of information she had at the time, but republicans largely led by senator john mccain have accused her of misleading the american people and said because of that, they wouldn't support her nomination. it was that pushback that led her to give a letter to the president saying that she did not wish to be considered. she said she believed the confirmation process would be long, lengthy and disruptive and just not worth it to the country at this time. president obama did accept that decision, and then said that he regretted it but also said that it spoke to her character. she will likely continue to work close w closely with the president, either as his u.n. ambassador or as his security adviser. he will likely now nominate senator john kerry. larry? >> many thanks. on top of the susan rice story, we are also learning tonight that retired nebraska republican senator chuck hage
as if the u.s. government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens people? >> in many ways -- this is like the mayan calendar. they said the world would end december 21. we are all still here. the fiscal cliff negotiations and the debts limit thing are not the end of the world and we will figure it out. the most important thing to keep in mind is long term. we want to have a healthy fiscal situation. we have to have a healthy economy. we have to address growth. here's something else that is -- totally missing from this conversation. >> jimmy? >> understand that the executive branch is required under federal law to notify the legislative branch that, fac
investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time to buy. >> yeah, maybe. >> thank you, seema, if you can get the loan. >>> why when we just upgraded their trade status in we're about to get answers from a russian expert just ahead. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit offection. report. i'm michelle caruso-cabrera. >> gun control advocates talk about great laws in gun ownership if great britain. there's only one problem, they don't work. they seem to have made things even worse. we'll talk more about that and it happens to
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefull. with investment information, risks, fees and expenses to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf,
Search Results 0 to 6 of about 7

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